Pfizer Company Profile (NYSE:PFE)

Pfizer Inc. (Pfizer) is a research-based global biopharmaceutical company. The Company is engaged in the discovery, development and manufacture of healthcare products. Its global portfolio includes medicines and vaccines, as well as consumer healthcare products. The Company manages its commercial operations through two business segments: Pfizer Innovative Health (IH) and Pfizer Essential Health (EH). IH focuses on developing and commercializing medicines and vaccines, as well as products for consumer healthcare. IH therapeutic areas include internal medicine, vaccines, oncology, inflammation and immunology, rare diseases and consumer healthcare. EH includes legacy brands, branded generics, generic sterile injectable products, biosimilars and infusion systems. EH also includes a research and development (R&D) organization, as well as its contract manufacturing business. Its brands include Prevnar 13, Xeljanz, Eliquis, Lipitor, Celebrex, Pristiq and Viagra.

What is Pfizer's stock symbol?

Pfizer trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFE."

How often does Pfizer pay dividends? What is the dividend yield for Pfizer?

Pfizer announced a quarterly dividend on Thursday, June 22nd. Stockholders of record on Friday, August 4th will be paid a dividend of $0.32 per share on Friday, September 1st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date is Wednesday, August 2nd. View Pfizer's Dividend History.

How were Pfizer's earnings last quarter?

Pfizer, Inc. (NYSE:PFE) issued its quarterly earnings results on Tuesday, August, 1st. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.02. The firm had revenue of $12.90 billion for the quarter, compared to analyst estimates of $13.08 billion. Pfizer had a return on equity of 24.51% and a net margin of 15.84%. The company's quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the company earned $0.64 earnings per share. View Pfizer's Earnings History.

When will Pfizer make its next earnings announcement?

What guidance has Pfizer issued on next quarter's earnings?

Pfizer updated its FY17 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $2.54-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.55. The company issued revenue guidance of $52-54 billion, compared to the consensus revenue estimate of $52.78 billion.

Where is Pfizer's stock going? Where will Pfizer's stock price be in 2017?

18 brokerages have issued 12-month price objectives for Pfizer's shares. Their forecasts range from $31.00 to $53.00. On average, they expect Pfizer's share price to reach $38.31 in the next twelve months. View Analyst Ratings for Pfizer.

What are analysts saying about Pfizer stock?

Here are some recent quotes from research analysts about Pfizer stock:

1. According to Zacks Investment Research, "Pfizer has been working on strengthening its product portfolio as well as key pipeline milestones through acquisitions and licensing deals. New products like Ibrance and contribution from acquisitions are expected to drive revenues. Also, cost-savings and share buybacks should help Pfizer achieve its earnings guidance. Investor focus will remain on the stock as Pfizer has several key pipeline milestones in 2017. However, genericization of key drugs, lost alliance revenues, pricing pressure and rising competition remain potent headwinds. Mounting competition in the immuno-oncology market is also a significant concern. Meanwhile, Pfizer’s shares have underperformed the large-cap pharma industry this year so far. The company has a mixed record of earnings surprises in recent quarters. Estimates have remained stable ahead of its Q2 earnings release. " (7/14/2017)

2. BMO Capital Markets analysts commented, "We are highly confident the deal will close as the purchase agreement removes IP risk and development risks, and creates significant shareholder value. We believe there is minimal risk for the deal being blocked due to anti-trust considerations CTP-543 Phase IIa initiated with top-line results expected 1Q18. The phase IIa trial will enroll approximately 100 patients spread across 4 active arms of differing doses (4, 8, 12 and 16 mg BID) and a placebo comparator. The primary endpoint for the trial will be measured using the severity of alopecia tool (SALT) after patients undergo 24 weeks of dosing. An additional 28 weeks of dosing of CTP-543 is planned for all patients enrolled in the study. If successfully developed, we anticipate a significant pricing discount for CTP-543 relative to Jakafi – owned by Incyte (INCY, Non-Rated). The earlier delay to initiate the trial due to clinical supply delays, which lasted around 2 months, has been resolved." (4/27/2017)

3. UBS AG analysts commented, " The FDA approved Novartis' CDK4/6 agent, Kisqali (ribociclib), in first-line treatment for HR+/HER2- metastatic breast cancer in combo with any aromatase inhibitor. Recall that MONALEESA-2 was stopped early, and while interim data demonstrated a reduction in risk of disease progression or death by 44% over letrozole alone, the mPFS had not been reached at the time. For the first time, the label presented a mPFS of 25.3 mos for Kisqali + letrozole vs 16 mos for letrozole alone. The 9.3 mos improvement over letrozole is essentially comparable to 10.3 mos improvement (24.8 mos for Ibrance vs 14.5 mos for letrozole) for Pfizer's Ibrance. Given the strong interim data that were comparable to Ibrance, we believe the approval of Kisqali was largely expected. Our takeaway: Label looks a little worse than Ibrance. Overall, we think the label looks slightly worse, particularly on safety. On the positive, the label is broader, as the indication is for use of Kisqali in combo with anyaromatase inhibitors (vs Ibrance in combo with letrozole). However, as the vast majority of first-line use letrozole, the broader label shouldn't meaningfully impact Ibrance, in our view. We're not clear on how Kisqali got the broader label, but we think this could be encouraging for Ibrance, as the Ibrance label could also become as broad with the potential April approval of the confirmatory Phase 3 PALOMA-2 (Ibrance was approved under an accelerated pathway with Phase 2 PALOMA-1 data). On safety, the Kisqali label warns of QT prolongation and liver tox, which are not in the Ibrance label. We think the QT issue could put Kisqali at a disadvantage. Thoughts on the stock: Shouldn't impact the stock much, if anyIbrance has been on the market for ~2 years and has made significant headway to becoming a standard of therapy, and we do not believe there was anything in the Kisqali label that would meaningfully impact the significant lead that Pfizer has. In our CDK4/6 model, we assign a 5% share for Kisqali in 2017 that goes to 15%, 18%, and 20% in 2018-2020E." (3/14/2017)

4. Jefferies Group LLC analysts commented, "We wanted to highlight a key data catalyst in which a positive outcome can drive shares higher: PIIa data for XEN801 for mod-to-severe acne in the latter part of Q1 (JEF est: ~Mar). We continue to like the risk/reward going into the data, especially on the heels of Dermira’s positive PIIb data for DRM01, which operates on the same pathway but more upstream. Reiterating Buy and $13 PT. Highlighting Key PIIa Data Catalyst in Latter Part of Q1: We wanted to take the opportunity to highlight a key data catalyst in which a positive outcome can drive shares higher: topline PIIa data catalyst for XEN801 for moderate-to-severe acne in the latter part of Q1 (JEF estimate: ~Mar). We previously conducted a review on XEN801 in April ’16, which can be found here, and now that the data catalyst is drawing near, we wanted to take the chance to highlight it again. To recap, the PIIa trial is a randomized, double- blind, multicentre, vehicle-controlled trial evaluating the efficacy and safety of patients with moderate-to-severe acne. The trial will compare XEN801 topical gel (1%) and matching placebo gel for 12 weeks with a 4-week follow-up. XENE has randomized 165 patients (v. 150 that was planned at conception), and has 85% power (v. 80% previously) to detect a ~16% difference." (1/19/2017)

Are investors shorting Pfizer?

Pfizer saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 50,665,014 shares, an increase of 12.4% from the August 31st total of 45,068,122 shares. Based on an average trading volume of 20,991,377 shares, the days-to-cover ratio is presently 2.4 days. Approximately 0.8% of the company's shares are sold short.

Who sold Pfizer stock? Who is selling Pfizer stock?

Pfizer's stock was sold by a variety of institutional investors in the last quarter, including Cibc World Markets Corp, Lazard Asset Management LLC, Maverick Capital Ltd., Bank of New York Mellon Corp, BlackRock Inc., FIL Ltd, Schroder Investment Management Group and State Street Corp. Company insiders that have sold Pfizer stock in the last year include Albert Bourla, Alexander R Mackenzie, Anthony J Maddaluna, Charles H Hill, Frank A Damelio, Ian C Read, Laurie J Olson, Mikael Dolsten, Rady A Johnson and Sally Susman. View Insider Buying and Selling for Pfizer.

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